XRP is currently trading around $1, showing signs of a potential bullish breakout as it approaches the critical SuperTrend resistance at $1.84. Technical indicators like a narrowing Bollinger Band and a falling wedge pattern suggest XRP is gathering momentum for a sharp move upward. However, XRP's liquidity on Spot markets has decreased compared to last year, which may impact the speed of this move. The growing use of XRP and Ripple's stablecoin in remittance and blockchain settlements could provide fresh liquidity and support future price gains.
XRP has reversed its recent downtrend, climbing about 7% to $1.48 after a sharp recovery from last week's dip to $1.29. Institutional investors played a key role, transferring around 1.54 billion XRP worth $2.2 billion to buy the dip, stabilizing tra...
South African bank Absa has launched Absa Digital Asset Custody, powered by Ripple's custody technology, marking a first for Africa's institutional digital asset management. The service offers a secure, regulated environment for safeguarding digital ...
XRP's market capitalization surged by nearly $7 billion on September 21, reaching $93.49 billion as its price climbed to $1.49, marking a 7.8% gain in 24 hours. This rally is driven by investor optimism about potential institutional adoption of the X...
XRP surged 8.7% to $1.49, approaching a critical resistance zone between $1.49 and $1.54. If it breaks and holds above this level, analysts expect a rally toward $1.64 and potentially $2. However, failure to sustain above this zone could trigger a sh...
Ripple has partnered with Absa Corporate and Investment Banking (CIB) to launch Absa Digital Asset Custody, expanding Ripple's custodial services into Africa. This new platform will provide institutions with a secure, regulated environment to safegua...
